City Editor Daily Mail, former Assistant Editor the Guardian and author of 'Great British Reboot' published by Yale
Joined May 2012
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Jun 9
With debt growing faster than everywhere except Botswana, the chances of Britain needing an IMF bail-out climb by the day
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May 28
My silver car LF65 GKZ stolen from outside my house last night. Bit of an admin nightmare.
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May 26
Rachel Reeves is right to challenge the award of valuable contracts to overseas firms. But she also needs to tackle foreign and private equity buyouts of the nation's crown jewels.
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Alex Brummer retweeted
May 19
Scrutiny on Burnham now likely to be more intense than anything he’s faced as Greater Mancs major. Been pointed out that unlike Mayor of London, he has not faced the sort of intense questioning Khan does in front of London Assembly. As a metro mayor Burnham merely put in front
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Alex Brummer retweeted
May 18
The Nova exhibition in London is absolutely incredible and everyone should see it, whatever your politics or religion. Immersive and unforgettable, tragedy narrated with devastating clarity
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Alex Brummer retweeted
May 19
International creditors are alarmed that of the £132bn Labour borrowed during the fiscal year to March, a jaw-dropping £110bn went on debt interest payments – almost the same as state education spending, twice what we spend on defence.
Yes, the Tories left national debt north of 90pc of GDP. But this economically naive government has made a bad situation far worse. Now, with Labour lurching further left after getting hammered in recent local elections, the markets are calling time.
It’s clear Keir Starmer will soon be replaced by someone even more leftwing. All leadership rivals in the frame would crank up borrowing and spending even more than Labour already has since taking office in July 2024.
Back then, the Office for Budget Responsibility was forecasting state borrowing of £323bn by the end of the fiscal year 2029. Labour’s run-away spending and growth-crushing tax rises means that same five-year borrowing forecast is now £583bn – 80pc higher. But the trade unions, MPs and Labour activists who will choose Starmer’s successor want even more.
Since Labour took office, the UK’s 10-year gilt yield has risen by 1.16 percentage points (or 116 basis points), compared to 86bps in France, 79bps in Germany and just 17bps in Italy.
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May 16
Make no mistake we're staring at worst financial crisis in 50 years
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May 13
Whoever’s in charge, Labour is hell-bent on doubling down on every wealth destroying mistake in the Socialist playbook
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